Today Air Lease Corporation AL announced new long term lease contracts with Vietnam Airlines that converted the formerly contracted eight Boeing 787-9 aircraft to eight new Boeing 787-10s. These aircraft are from ALC's order book with Boeing and deliveries are scheduled to begin in 2019 and continue through 2021. The Boeing 787-10 Dreamliner will be the largest aircraft in Vietnam Airlines' fleet.
"We have worked closely with Vietnam Airlines' management team for over two decades, providing new and efficient aircraft to optimize their fleet. As Vietnam rolls out a major widebody fleet upgrade, this transaction demonstrates that our airline customers value ALC as an advisor and resource when planning the growth and replacement of their fleets," said Jie Chen, Executive Vice President and Managing Director, Asia.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
About Air Lease Corporation AL
ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC's website at www.airleasecorp.com.
About Vietnam Airlines
Vietnam Airlines is the flag carrier of Vietnam. Founded in 1956 under the name Vietnam Civil Aviation, the airline was established as a state-owned enterprise in April 1989. Vietnam Airlines is headquartered in Long Bien District, Hanoi, with hubs at Noi Bai International Airport and Tan Son Nhat International Airport.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150615005477/en/
Air Lease Corporation
Investors:
Ryan McKenna
Vice
President
Email: rmckenna@airleasecorp.com
or
Media:
Laura
St. John
Manager, Media and Investor Relations
Email: lstjohn@airleasecorp.com
Phone:
310-553-0555
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.